The jackpot for the Powerball draw on Mon Jan 26, 2026, is projected to be $30 Million, with an option for a cash payout of $13.6 Million. Should you be the lucky winner of the Powerball jackpot, anticipate the IRS to initially withhold 24% of your winnings for taxes, and be prepared that you might need to pay up to an additional 13% in federal taxes at tax time. For Arkansas residents, the state will deduct 4.9% from your lottery earnings.
| Arkansas Powerball Jackpot/Cash Option for Mon Jan 26, 2026 |
|---|
| Draw Date | Mon Jan 26, 2026 | | Projected Jackpot | $30,000,000 | | Cash Value | $13,600,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $13,600,000 | | Federal Tax(24%) | $3,264,000 | | Additional Federal Tax | $1,728,330 | | State Tax(4.9%) | $666,400 | | Net Lumpsum Payment | $7,941,270 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$451,530 |
$127,396
$22,125 |
$302,009 |
| 2 |
$474,120 |
$135,755
$23,232 |
$315,133 |
| 3 |
$497,820 |
$144,524
$24,393 |
$328,903 |
| 4 |
$522,720 |
$153,737
$25,613 |
$343,370 |
| 5 |
$548,850 |
$163,405
$26,894 |
$358,551 |
| 6 |
$576,300 |
$173,561
$28,239 |
$374,500 |
| 7 |
$605,100 |
$184,217
$29,650 |
$391,233 |
| 8 |
$635,370 |
$195,417
$31,133 |
$408,820 |
| 9 |
$667,140 |
$207,172
$32,690 |
$427,278 |
| 10 |
$700,500 |
$219,515
$34,325 |
$446,660 |
| 11 |
$735,510 |
$232,469
$36,040 |
$467,001 |
| 12 |
$772,290 |
$246,078
$37,842 |
$488,370 |
| 13 |
$810,900 |
$260,363
$39,734 |
$510,803 |
| 14 |
$851,460 |
$275,371
$41,722 |
$534,367 |
| 15 |
$894,030 |
$291,121
$43,807 |
$559,102 |
| 16 |
$938,730 |
$307,660
$45,998 |
$585,072 |
| 17 |
$985,650 |
$325,021
$48,297 |
$612,332 |
| 18 |
$1,034,940 |
$343,258
$50,712 |
$640,970 |
| 19 |
$1,086,690 |
$362,406
$53,248 |
$671,036 |
| 20 |
$1,141,020 |
$382,508
$55,910 |
$702,602 |
| 21 |
$1,198,080 |
$403,620
$58,706 |
$735,754 |
| 22 |
$1,257,990 |
$425,787
$61,642 |
$770,561 |
| 23 |
$1,320,870 |
$449,052
$64,723 |
$807,095 |
| 24 |
$1,386,930 |
$473,494
$67,960 |
$845,476 |
| 25 |
$1,456,260 |
$499,147
$71,357 |
$885,756 |
| 26 |
$1,529,100 |
$526,097
$74,926 |
$928,077 |
| 27 |
$1,605,540 |
$554,380
$78,671 |
$972,489 |
| 28 |
$1,685,820 |
$584,084
$82,605 |
$1,019,131 |
| 29 |
$1,770,120 |
$615,275
$86,736 |
$1,068,109 |
| 30 |
$1,858,620 |
$648,020
$91,072 |
$1,119,528 |
|
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